taxes Property Tax Assistance

2023 ISD Summary Worksheet

072-Erath/Erath County

072-901/Three Way ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 850,000 N/A 850,000 850,000
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 20,308,000 N/A 20,308,000 20,308,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,713,880 0.9751 4,834,481 4,713,880
D2 - FARM & RANCH IMP 1,335,820 N/A 1,335,820 1,335,820
E - NON-AG LAND AND IMPROVEMENTS 79,313,350 0.9994 79,360,967 79,313,350
F1 - COMMERCIAL REAL 1,830,020 N/A 1,830,020 1,830,020
F2 - INDUSTRIAL REAL 31,200 N/A 31,200 31,200
G - ALL MINERALS 46,460 N/A 46,460 46,460
J - ALL UTILITIES 5,869,830 N/A 5,869,830 5,869,830
L1 - COMMERCIAL PERSONAL 3,633,580 N/A 3,633,580 3,633,580
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 934,270 N/A 934,270 934,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 118,866,410 0 119,034,628 118,866,410
Less Total Deductions 24,469,218 0 24,469,218 24,469,218
Total Taxable Value 94,397,192 0 94,565,410 94,397,192

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 100,672,900 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 94,397,192 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 100,672,900 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 94,397,192 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 102,652,900 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 103,972,900 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 98,625,823 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 100,672,900 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 94,397,192 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 100,672,900 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 94,397,192 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 102,652,900 T13 plus the loss to the chapter 313 agreement
T16 103,972,900 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 98,625,823 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,275,708 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,980,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,320,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

213-Somervell/Somervell County

072-901/Three Way ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,554,050 N/A 2,554,050 2,554,050
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 62,260 N/A 62,260 62,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 114,850 N/A 114,850 114,850
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 7,454,010 N/A 7,454,010 7,454,010
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 110,670 N/A 110,670 110,670
L1 - COMMERCIAL PERSONAL 6,510 N/A 6,510 6,510
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 115,890 N/A 115,890 115,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 10,418,240 0 10,418,240 10,418,240
Less Total Deductions 2,913,072 0 2,913,072 2,913,072
Total Taxable Value 7,505,168 0 7,505,168 7,505,168

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 8,158,888 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,505,168 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 8,158,888 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,505,168 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,323,888 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 8,433,888 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,143,990 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,158,888 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,505,168 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 8,158,888 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,505,168 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,323,888 T13 plus the loss to the chapter 313 agreement
T16 8,433,888 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,143,990 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 653,720 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 165,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 110,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

072-901-02/Three Way ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,404,050 N/A 3,404,050 3,404,050
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 20,370,260 N/A 20,370,260 20,370,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,828,730 0.9756 4,949,331 4,828,730
D2 - FARM & RANCH IMP 1,335,820 N/A 1,335,820 1,335,820
E - NON-AG LAND AND IMPROVEMENTS 86,767,360 0.9995 86,814,977 86,767,360
F1 - COMMERCIAL REAL 1,830,020 N/A 1,830,020 1,830,020
F2 - INDUSTRIAL REAL 31,200 N/A 31,200 31,200
G - ALL MINERALS 46,460 N/A 46,460 46,460
J - ALL UTILITIES 5,980,500 N/A 5,980,500 5,980,500
L1 - COMMERCIAL PERSONAL 3,640,090 N/A 3,640,090 3,640,090
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 1,050,160 N/A 1,050,160 1,050,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 129,284,650 129,452,868 129,284,650
Less Total Deductions 27,382,290 27,382,290 27,382,290
Total Taxable Value 101,902,360 102,070,578 101,902,360

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 108,831,788 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 101,902,360 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 108,831,788 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 101,902,360 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 110,976,788 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 112,406,788 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 105,769,813 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 108,831,788 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 101,902,360 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 108,831,788 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 101,902,360 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 110,976,788 T13 plus the loss to the chapter 313 agreement
T16 112,406,788 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 105,769,813 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,929,428 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,430,000 Loss to Second Previous Homestead Increase